APPEN LIMITED — Major Shareholding Notification 2016

Nov 28, 2016

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme APPEN LIMITED ACN/ARSN 138 878 298

1. Details of substantial holder(1)

Name ANACACIA PARTNERSHIP 1 LP ACN/ARSN (if applicable) 36 544 641 988

The holder ceased to be a substantial holder on 29 11 16 / / The previous notice was given to the company on 20 09 16 / / The previous notice was dated 20 09 16 / /

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relationto change(5)	Class (6) andnumber ofsecuritiesaffected	Person's votesaffected
29/11/16	Anacacia Partnership 1 LP	On market trade	$2.50 per share	6,500,000	6,500,000
				Ordinary Shares

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Anacacia Partnership 1 LP	Level 2, 53 Cross Street, Double Bay NSW 2028

Signature

print namesign here	capacityJeremy SamuelDirector and Secretary of Anacacia Capital Pty Ltd
	date//29 11 16